Media Release

Drees & Sommer opens new London office

© [Translate to English:] Savvapanf Photo – Fotolia.com

For over 45 years, Drees & Sommer has been supporting public- and private-sector principals and investors with all aspects of real estate. In addition to its headquarters in Stuttgart, Germany, the partner-managed company has 40 offices worldwide, including London. “Following our successful projects in the UK, a new office in London was the logical step to strengthen client relationships as well as our international expansion”, says Sascha Hempel, Partner of the
Drees & Sommer Group and responsible for the new business in the UK.

Drees & Sommer offers in-depth real estate investment consulting as well as automotive, industrial and public-sector expertise, meeting very specific needs when it comes to construction and real estate. Having managed large-scale projects – such as lean management for the London Underground, construction management for Ford Daventry College and project management for Jaguar Land Rover – the company is now in a position to develop the UK market strategically.

“London is the gateway for financial institutions entering the real estate market in continental Europe. Portfolio managers in London make real estate investment and divestment decisions, and need high-quality technical due diligence support to evaluate and optimize their portfolios,” says Lawin Chandrakumaran, Head of Real Estate Investment Consulting at Drees & Sommer in London. “Our consultants provide them with support, particularly in this area.”

In addition, as part of their Transaction Management service, Drees & Sommer supports vendors and investors by providing a structured sales process. Sound profitability analysis forms the basis for the evaluation and management of properties. Drees & Sommer supports clients with strategic decision-making by providing services such as Real Estate Investment Consulting, Technical Due Diligence, Life-Cycle Cost Analysis, and Facility Management Consulting.

For construction projects, the focus is on ensuring contractually agreed quality (building work specifications), as well as on transparency with regard to deadlines and clarity regarding cost-related project events. Financial controlling over the course of the project, in combination with upstream project analysis, allows the experts to establish security and transparency before the signing of the credit agreement, while also protecting ongoing finance for the investor.